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20120928
20120928
Search Results 0 to 13 of about 14 (some duplicates have been removed)
on it to ease its mounting losses. the u.s. economy shows more signs of slowing, and slowing down faster than expected. but silver has been red hot. where is the demand coming from and can it last? we talk with phil baker, the c.e.o. of hecla mining. that and more tonight on nbr! we begin with discouraging news about the sluggish economy. by the broadest measurement, economic growth slowed sharply in the second quarter. the gross domestic product was revised considerably lower today. growth was 1.3% in the april through june period. just a month ago, the estimate was 1.7%. add that to a big drop in purchases of big ticket items, like washing machines and furniture. in august, durable goods orders fell 13.2%, and you've got an economy that's just muddling along. but one ray of encouragement-- fewer people filed for unemployment benefits for the first time last week. claims fell by 26,000 to their july lows of 359,000 claims. on wall street, the dow jumped 72 points, the nasdaq added almost 43 points, the s&p up 13. while the u.s. continues working through problems left over by the great recess
the military but the economy, too. according to president obama, there is such a thing as economic patriotism. >> during campaign season you always hear a lot about patriotism. well, you know what? it's time for a new economic patriotism. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> it's become sort of a democratic man tra. in 2008, it was said the richer needs to pay more. >> no wone has more patriotism than even money needs a passport. summers on the beaches of the cayman islands and winters on the slopes of the swiss alps. >> ouch. the romney campaign is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism, faceb
to be the worst month of the year historically. we know the global economy is weakening. everybody came on our air saying hey. short the global economy. this did not turn out to be such a good theory did it? right now, 2.9% for one of the best months of the year. not the best month but among the better months of the year. what were the two biggest gains we had this month? the two biggest days? september 6th? that was the day draghi announced the bond buying program. biggest gain. second biggest gain september 13th the day of the fomc meeting. what does this tell us? it tells us what matters in the world is central bank intervention and also what's going on in europe. what was the worst day this year? it was tuesday, the day we saw the riots in madrid because that's the day everybody said uh-oh. this whole deal with spain and this careful choreography moving toward help from the eu could fall apart. turns out maybe it's holding together a little better than anticipated. my point is what moves the world is central bank intervention and what's going on in europe. to play against that is very, very da
had expected. that suggests the economy may not be so hot, right? >> set the stage. we just downgrade the second quarter. we went from 1.7 to 1.3. we talked about that yesterday. >> this i consistent with that. >> exactly. we thought third quarter might have a two handle on it. we're taking that two handle off. before i came on goldman sachs has a report saying they're looking at 1.9. i see some over 1.8, 1.7. slow mediocre growth continues. i think the key being, can we resolve the issues that have hung over the american economy from spain? >> is madrid more important than chicago? >> at least it is today. we wanted to see what the needs would be for the spanish banks. the numbers that they put out today after this exhaustive examination. >> do you breath numbers? >> the market believes them now. they came about in line with expectations. the number could change depending on what happens with the spanish economy and if real estate prices fall even further. you think more of this like a tradeoff. if the capital requirements had been even bigger it would have meant they were going to c
the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents collisions and enforces speed restrictions. it also optimizes a number per hour. the long range is to have the track modernized by the year 2019. >>> a young actor is found dead. now police wonder if he's tied to the
to get their real referee's back. it reminds me of president obama and the economy if you cannot get it right thing you should get out. this statement was made by mitt romney. >> everybody was to appoint. the eight year deal is tentative until you in members vote. they will make $205,000 by the handcuff 2000 and. we malcolm r. ewing in members back on the field and many fans agree. a lot of fans are glad to see the season go for it. they have combined 70 years of season experience. this will make referees and appreciate the season like never before. the nfl will protect their pensions and they will hire more referees for training. the union is expected to vote on this on saturday. >> melete cabrera has been suspended by the giants. he would have been eligible for. the club will go with the 25 players s.f. that have and we will like to know whether or not the giants made a good decision. on our facebook page and boat. >> near the coast line the fall just will not disappear. you cannot even see the bridge towers. we have been in the '90s and nearly everywhere. in the north bay we're in
in the market don't seem to reflect the declines in the economy. there's sort of a disconnect. i think you agree with that, don't you? >> i absolutely agree with you, bill. i think all of september the market has been moved, not by what's going on here in the united states, but what's been going on in europe, which says to me two things. one, any bad news out of europe is going to send the market down. two, eventually people are going to have to pay attention to what's going on in the united states. i'm expecting we're heading into earnings season, i'm expecting anemic growth, and eventually that's going to have to play into the situation here. i mean, i know you don't fight the fed, but eventually we have to come back to what's going on in terms of fundamentals and stop focusing on monetary policy. >> what do you think? are we going to focus on fundamentals? if you are, kurt, would you be a seller of this market? >> we are focused in on fundamentals. i think this has been a tug of war between the reflationists and some of the risk that's been perceived in the market. we're not investing in gdp.
will help grow the economy? >> no. >> his plan is to continue what he is done before. the status quo has not worked. we cannot afford four more years of barack obama. we're not going to have four more years of barack obama. >> wednesday, president obama and mitt romney meet in the first presidential debate. the news our jim lehrer moderates. watch and engage with c-span including our live to be preachy at 7 p.m. eastern. the debate at night and post debate, your reaction, calls e-mails and tweets. fall live coverage on c-span, c-span radio and online at c-span.org. spent up next, white house officials in charge of cybersecurity speak about the growing concern over counterfeit computer parts and software. they spoke at the potomac institute on computer network threats posed by a foldable supply chain. this is about two hours. >> ladies and gentlemen, if i could have your attention, please. minus michael swetnam and on michael swetnam and ceo of the potomac institute for policy studies, and it's my distinct honor and courage to welcome you here today for a seminar on supply chain threat of
. >> too many americans are struggling to find work in today's economy. >> reporter: the obama campaign has spent more than $40 million on ads in ohio since may 1st. the romney campaign, more than $20 million. recent polling shows that in three, critical battleground states, president obama's in the lead. but the romney campaign says their internal polling in those states shows a much tighter race. >> they're going to have to plant the flag in ohio and fight like crazy. >> reporter: but romney's path to victory is shrinking. this week, abc news shifted ohio from the toss-up column to ohio. mitt romney would need to win nearly all of the remaining seven toss-up states to win the white house. and they all went for president obama in 2008. karen travers, abc news, washington. >>> we have the most convincing evidence yet that water once flowed on mars. nasa's rover curiosity, beaming back pictures with pebbles that are rounded off. a fast-moving stream once flowed on the red planet. finding past water is the first step to find out if the environment was able to sustain life. >>> time, now, for
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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